@BusinessDaily

Budget 2018: The highlights

6 months ago, 14 June 13:40

By: Edwin Okoth

Treasury secretary Henry Rotich has presented this year's budget, outlining the Sh3 trillion spending plans, including the taxation measures to finance the proposals.

This, according to Mr Rotich, is expected to propel growth to seven per cent in the next financial year.

These are some of the highlights of the budget speech:

Treasury has further allocated Sh2 billion for primary health care and Sh7 billion for cancer diagnosis equipment and Sh400 million for cancer institute.

Kisumu, Nyeri, Isiolo and Machakos to participate in a health survey to enable the roll out of a comprehensive health programme.

On insurance, proposal to change from indemnity based insurance to index based insurance to improve uptake.


Read More


Category: business markets news opinion economy corporate

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@BusinessDaily

Budget 2018: The highlights

6 months ago, 14 June 13:40

By: Edwin Okoth

Treasury secretary Henry Rotich has presented this year's budget, outlining the Sh3 trillion spending plans, including the taxation measures to finance the proposals.

This, according to Mr Rotich, is expected to propel growth to seven per cent in the next financial year.

These are some of the highlights of the budget speech:

Treasury has further allocated Sh2 billion for primary health care and Sh7 billion for cancer diagnosis equipment and Sh400 million for cancer institute.

Kisumu, Nyeri, Isiolo and Machakos to participate in a health survey to enable the roll out of a comprehensive health programme.

On insurance, proposal to change from indemnity based insurance to index based insurance to improve uptake.


Read More

Category: business markets news opinion economy corporate

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4 hours ago, 23:20
@TheStar - By: Abel Muhatia
NIC share sprint eases after initial excitement

NIC Bank shares yesterday dropped 9.2 per cent to close the day at Sh25, indicating a  slow down in the share purchase ahead of planned merger with CBA. National Industrial Credit bank and Commercial ...

Category: business news
5 hours ago, 21:36
@CITIZENTV - By: Dennis Otieno
CBK rolls out new coins, notes next

A one shilling coin will have the image of giraffe, five shillings a rhino, ten shillings a lion, while a twenty bob coin will bear the image of an elephant. ...

Category: business topnews news
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@DailyNation - By: Patrick Alushula
Corporates now bet big on solar to power their businesses into healthy margins

Kapa Oil Refineries Ltd has become among the latest firms to express interest in this project. ...

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Maize has always been a political crop, especially in the vote-rich Rift Valley ...

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National Oil Corporation of Kenya (Nock) expects to raise billions of shillings through assets sale this year, part of which would boost its operational efficiency, the state oil marketer has said. ...

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